Tag: VAT

Gold Fields Remits GHC 1.19B to Government as Q3 Revenue

The GRA and the government are embarking on a voluntary tax compliance campaign to offset the shortfalls in revenue due to repealed taxes and annual revenue inadequacies.

Dr Adu Sarkodie has questioned the compliance enforcement as the government’s main revenue source to make up for the shortfall created by the abolished taxes. He suggested the government focus ...

The tax authorities (GRA and MoF) have informed Ghanaians that the government will not cover the revenue shortfall due to the abolished COVID-19 levy with new taxes but will widen ...

Chamber of Mines Commends Government for Major Steps in Advancing Mining

Chancellor Rachel Reeves has confirmed that she no longer stands by her pledge last year not to raise taxes, saying “the world has changed” due to global conflicts, new U.S. ...

Tax lawyer Fred Awutey has urged Finance Minister Dr. Cassiel Ato Forson to deliver a comprehensive strategy to expand Ghana’s tax base in the upcoming 2025 mid-year budget review. Speaking ...

Ghana’s non-life insurance sector is bracing for sweeping changes following the introduction of Value Added Tax (VAT) on general insurance products. The move, part of a broader government strategy to ...

His remarks came amid growing scrutiny, particularly from opposition figures questioning the government's approach to economic recovery.

“If the government has the willpower to stick to this, we should be fine...''